HARRELL, P. E.
HARRELL, P. E. is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by General Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 19,884 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $4K, with roughly $754 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1 barrels a month. Its strongest month on the record we hold was July 2017, at 2 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about HARRELL, P. E.
- Who operates HARRELL, P. E.?
- HARRELL, P. E. is operated by General Operating Company, Railroad Commission of Texas operator number 300160.
- Where is HARRELL, P. E.?
- HARRELL, P. E. is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 16394.
- Is HARRELL, P. E. still producing?
- HARRELL, P. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRELL, P. E. is August 2026.
- How much has HARRELL, P. E. produced?
- HARRELL, P. E. has reported 19,884 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HARRELL, P. E. worth?
- The remaining production from HARRELL, P. E. is estimated to be worth about $4K in total as of 26 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRELL, P. E. is a fraction of it. The estimate fits an Arps decline curve to the production HARRELL, P. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRELL, P. E. is an estimate of value, not an offer and not an appraisal.
- How much income does HARRELL, P. E. generate in a year?
- HARRELL, P. E. is forecast to net about $754 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARRELL, P. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | General Operating Company |
|---|---|
| Field | Daves(Congl.) |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 16394 |
| Wellbores | 1 |
| Reported production | 19,884 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where HARRELL, P. E. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.